Weekly Scorecard 12-28-09

By George Thurtle

Here is the report for the Weekly Scorecard from the “Nothern International Office” of  East Bellevue Real Estate.  Overall the same trends continue declining inventories, soft pricing and homes priced at or below the market are seeing multiple offers and sale prices over the list price.  The sales volume is good for this time of year. Sellers seem more willing to accept the market realities and list closer to where the buyers think the market is at. As a result we see increasing sales volumes, declining inventory and flat pricing. However it appears if the seller is willing to list at the market price a number of buyers are willing to make offers.

The big issue is to see what happens the first part of the year and how the new Washington State Foreclosure Laws will affect the amount of bank owned inventory.

Here is the link for the spreadsheet: Bellevue Weekly Scorecard 12-28-09

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One Response to “Weekly Scorecard 12-28-09”

  1. Nice site – Like what you did. Here’s wishing you and yours a very happy and prosperous new year !


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